Market Recap: Liquidia Corp (LQDA)’s Negative Momentum, Closing at 12.69

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The closing price of Liquidia Corp (NASDAQ: LQDA) was $12.69 for the day, down -0.78% from the previous closing price of $12.79. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 0.7 million shares were traded. LQDA stock price reached its highest trading level at $13.085 during the session, while it also had its lowest trading level at $12.67.

Ratios:

Our analysis of LQDA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.85 and its Current Ratio is at 4.85. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on January 05, 2024, Reiterated its Buy rating but revised its target price to $28 from $18 previously.

Wedbush Downgraded its Neutral to Underperform on September 01, 2022, while the target price for the stock was maintained at $3.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 19 ’24 when Saggar Rajeev sold 1,649 shares for $13.68 per share. The transaction valued at 22,558 led to the insider holds 211,672 shares of the business.

JEFFS ROGER sold 8,360 shares of LQDA for $121,889 on Apr 12 ’24. The Chief Executive Officer now owns 826,985 shares after completing the transaction at $14.58 per share. On Apr 12 ’24, another insider, Kaseta Michael, who serves as the CFO and COO of the company, sold 3,136 shares for $14.58 each. As a result, the insider received 45,723 and left with 315,045 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LQDA now has a Market Capitalization of 976550080 and an Enterprise Value of 930649472. For the stock, the TTM Price-to-Sale (P/S) ratio is 55.42 while its Price-to-Book (P/B) ratio in mrq is 18.42. Its current Enterprise Value per Revenue stands at 53.216 whereas that against EBITDA is -12.943.

Stock Price History:

Over the past 52 weeks, LQDA has reached a high of $16.99, while it has fallen to a 52-week low of $5.71. The 50-Day Moving Average of the stock is -11.61%, while the 200-Day Moving Average is calculated to be 26.34%.

Shares Statistics:

LQDA traded an average of 836.34K shares per day over the past three months and 836650 shares per day over the past ten days. A total of 68.63M shares are outstanding, with a floating share count of 55.96M. Insiders hold about 26.73% of the company’s shares, while institutions hold 47.15% stake in the company. Shares short for LQDA as of 1713139200 were 8073987 with a Short Ratio of 9.65, compared to 1710460800 on 7255450. Therefore, it implies a Short% of Shares Outstanding of 8073987 and a Short% of Float of 16.56.

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